Sai Bhajan ! & Trade updates

This is how retail investors are against FII/DII/HNI's. Risking their capital for a small chunk of profits.


Hello friends !

SP. MENTION - Our trades/discussions/queries are continuing through the comments section of recent/last post, till new post is done.

My updates got affected due to virus in my pc. Here is a short summary of my trades.

Unlike others, I wud like to mention the failures first, as they are not only the failures, but lessons OR our milestones to path to success.

WWIL - Stopped out.

Nitin fire - Stopped out.

Concor - stopped out.

Sintex - closed, 2b initiated again on a break of 348.

Ramco systems - stopped out.(initiated & stopped out on same day, played4low risk)

One thing is certain, few stopped out trades have ruined my reputation earned in last 9 weeks. It seems my readers are disappointed with the no. of failures, but then they need to understand that such phase comes only 2wice or 3rice in an year, which keep taking sl's of one side ( discussed this thru comments section ) & also that all these trades were a result of a series of low risk bets which we were attempting, as it was almost certain that markets are bound to reverse, & this point is proved by my following successful trades. Also, such 1-2 % lost in few failure trades can be compensated by 12-15 % we make in our successful trades, if we remain consistent & disciplined.

INITIATED THIS WEEK -

R power - Picked @ 151 ( low made 150.7)

Jindal saw - Picked @ 198 (low made 197)

Resurgere minerals - Bought @ 71. SL below 68.( low made is 69)

Ramsaroop - Bought @ 60, to be squared off on friday.( picked bottom, low made 58.45)

Tata power - Again bottom picked ( asked2pick between 1220-1215) low made 1207.

Tech mahindra - picked at bottom @ 638 ( low made 634)

Jyoti structures - Picked @ 137.( low made 133.5)

Thinksoft - picked @ 117 (low made 113).

Emami infra -Wud not be included in performance report, since, i did not initiated a call on it, although i had clearly mentioned about it to be included in the list of the stocks, which wud be seeing huge upsurge, when markets rebound.( this one also picked at bottom )

Ashapura minechem - This was also discussed in comments, but trade not initiated. But, we were successful in picking up the bottom.

Mcdowells - picked up today @ 1525, whereas yest. eod had mentioned, to pick it up @ 1510-1525, when it was trading @ 1555.

Emami infra & Ashapura wont be included in my performance report.

Thinksoft is a risky junk stock, i wud like readers to take off quick 12-15 % from the table & exit, since i believe in next 3-4 months, levels like 70-80 can be seen in this counter.

Tata power, r power, Mcdowells, jyoti structures, tech mahindra, jindal saw are good counters & picked @ bottom. Also i am expecting good upsurge in them in next 3-4 weeks. Keep trailing all of the above with TSL for the tgts mentioned in our earlier posts/comments.

Ramsaroop has to be booked above 72 partially to be carried for levels like 79-82 to be booked fully.

Caution to be applied in resurgere, but, if 68 remains protected, then 85 + levels are certain in it. So, keep trailing.

we are due for a euphoric move & all profits should be booked if euphoria is seen. Any way, 20-25 % profits within 2-3 weeks is not bad, so, look to lock that.

Here is a Sai bhajan, Since, this is a Sai vaar today.

http://www.4shared.com/audio/6ohjUfRw/BETI_CHALI_SASURAAL.html

This bhajan is for a Father in all of us.

Happy Sailing.

Om Sai Ram

P.S. -

A request to all of the followers of my blog list -

Please send me a mail on Stockngains@gmail.com, with the following information-

Name as a follower

Real name - Not compulsary

Age

Location

Name used for comment section.

Twitter id - If available

Yahoo messenger ID

Whether added to YM with me or not.

This leads me to identify my followers in my yahoo messenger list easily. I am also in process to provide some additional/exclusive benefits to the persons listed as my blog followers.

Although, followers who have already sent their informations, need not to resend. They have already been spotted on yahoo messenger.

This is the 3 rd time i am making this request. I hope i am reaching with this request to all persons concerned.

WWWW-Week Which Was Weak !

Hello friends !

This week has been the most disappointing week, since 9 weeks of my blogging. My trade summary suggests same. Although, monthly summary is gonna follow soon this thursday. But, this week, most of my trades remained subdued OR stopped out OR trade not initiated . Although, as discussed friday, almost all scrips which are on my radar are trading @ their respective supports. This signals a stage in the indices, for a make or break level. This view may come true in the coming week, as US indices have closed bullish. Lets talk about our trades.

Trades closed this week :

Astra zen - Stopped out, lost 1 %. But, did u people see the magic of level 1180 mentioned. it once again took support @ 1180 & hit 1274. I wish, somebody wud hav read & follow recommendation appropriately & made money.

Orient paper - Re entry stopped out.

Ankur drugs - Since, i do not remain always on screen, so, when while leaving my screen, when i see ankur drugs making a low of 120.00, that too in mid of the session, i advised an exit from long positions. To the best of my surprise, when i checked the scrip later on, low made was 120.00 itself ( i.e. we didnt stopped out ). I wish somebody maintained SL below 120 inspite of my suggestion to exit. NOW u people can clearly understand the importance of 5 PAISA.

Trades initiated & closed also in this week :

Jyoti structure - I choose option no. 2. whereas 20 % of quantity was suggested to b bought @ 138, with SL below 136. It hit my tgt 150, which was mentioned & reversed back. Hope the readers are satisfied by the levls if not by the quantity. Since, it was way far from its SL, i did not advise to buy full quantity.

Hcc - asked to buy @ 61.25 ( low made 61.05 ), asked to sell @ 62.65 ( high made 62.85 ) i hope readers like the game of picking top & bottom. I hope readers went long, as advised, to go long @ 59.5 ( low made 59.8). Maintain a SL below 58 now.

Ispat industries - Bought @ 17.8, booked @ 18.85. Although looks superb if 17.6 is not broken for levels like 22+. But, buy near 18 only. It leaves us with a risk of 3 % only.

AL chemist - Impulsive trade stopped out @ 182.8. trading bet stopped out @ 175.8.

Piramal health - Advised to go long @ 516 with Sl below 510. ALthough after seeing weakness in it, i requested an exit, cost to cost, OR not to wait for Sl to hit & exit.

Trades initiated this week to be carried forward :

Jindal Saw - Bought @ 203.25 & 197. Maintain the Sl of 193.8 now. To be reduced some @ 216.7, to be booked fully @ 223.6. To be re entered below 213 for higher tgts thereafter.

R power - Bought @ 151. sL 147.8. Tgt 172 & 181.


Tata power - HIts 1230, my buy initiated. Maintain a Sl below 1189 now.


Nitin fire - Why people do not note the levels on a piece of paper/note book. Sl mentioned is 312.8 & its still saved. ( please make a lil shift in sl to be placed below 310 now ).

Xl tele - Traders keep a SL of 25.8 now.

SHORT TRADES

Concor - SL above 1345 has to b maintained. It has got supports at the low made yest. If yest. low broken with volumes, then square off once @ 1212-1215.

Sintex - Did nt i mention, clear ur shorts once below 348 & then re short with same SL of 370. Low made 348 & shooted to hit 370. Now short sellers who have an advantage of 17 rs. after re shorting. Can keep a SL of 362 now. B coz, since it did not break 348, i am expecting it to now break 370. So, 370 now becomes SAR. No shorting advised now but go long above 370 now.



Trades carried forward from previous week :

Kei - Support lies @ 30.5, low made 31.2. 2 % risk, 20 % reward.

WWIL - Low made 13.75. Support suggested 13.65. Make it a SL.

INVESTMENT BETS :

Vishal retail - hits trading SL. I have decided to not to update much on investment bets, to prevent my readers from intervening their positions, as they are meant for longer time frame only.

Sterling biotech - Keep maintaining 104.8 as trading sl. Strong Strong supports for investors @ 90.

No follow ups on above 3 scrips as these are investment picks.

SPECIAL MENTION OF THE WEEK :

Resurgere minerals - as expected hit exactly my tgt 83-87, only in 2 trading days. but we did not enter the trade as a matter of discipline.

Readers requested me to put trade reco's in tabular form, which i do not udnerstand. Somebody help me sending me the example in which, reco's have been presented in the tabular form & also details, how to present reco's in tabular form, as i am too dumb to know this.

one more suggestion followed, i will be mentioning through comments of any post, to intimate that new post is done.

Please find a link, below for a SAI CHAMATKAR.

http://www.4shared.com/photo/dTn2HV6Y/OM_online.html

HAPPY SAILING

OM SAI RAM